Suzuki eyes to make India its global electric car manufacturing hub
IANS -
Suzuki will start producing electric vehicles at the Gujarat plant and export them to Japan as well. The company will also consider supplying India-made EVs to partner Toyota Motor for European markets that would be sold under the Toyota brand, the report published in Japan's Nikkei newspaper on Wednesday stated.
Binance’s Bitcoin trading volume dips 48% amid reintroduced fees
IANS -
"BTC trade volumes on Binance are down 48 per cent in Sept, the second-largest monthly decline since April. Both drops coincided with the removal of zero fees for the largest BTC trading pairs. However, this time, the decline seems to align more closely with the broad market," Ianeva posted on X on Friday.
Indian aviation sector to grow 8-13% in FY24:ICRA
IANS -
The agency maintained a Stable outlook on the Indian aviation industry amidst the continued recovery in domestic and international air passenger traffic in FY2024, and improved pricing power of the carriers.
Why EVs are not the best of alternative mobility fuel choices for now
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At the very least, there is a need to discuss and outline why EVs could possibly be not-so-great from an environmental standpoint, at least for now in the Indian context.
1 in every 7 cars sold now an EV, China's BYD dominate again
IANS -
Global passenger EV sales in Q1 2023 rose 32 per cent YoY. Battery EVs (BEVs) accounted for 73 per cent of all EV sales during the quarter, while plug-in hybrid EVs (PHEVs) made up the rest, according to Counterpoint Research. EV sales are expected to reach over 14.5 million units by the end of 2023. The US surpassed Germany to become.
Retail inflation falls to 4.70% in April, industrial production index slides to 1.1% in March
IANS -
Food inflation too slid to 3.84 per cent in April from 4.79 per cent in March. According to the data released by the Ministry of Statistics and Programme Implementation, retail inflation was at a high of 7.79 per cent in April 2022, while food inflation was 8.31 per cent during the period.
M&M April sales boosted by utility vehicles
IANS -
According to M&M, it sold 34,694 utility vehicles last month against 168 units in April 2022, while the sales numbers for cars and vans were 4 units (358 units in 2022). The total number of vehicles in the passenger segment sold was 34,698 units last month. The total number of vehicles in the passenger segment sold was.
World's fastest accelerating e-car unveiled at Hyderabad E-Motor Show
IANS -
The pure-electric hyper GT Battista was unveiled for the first time in India at the show organised as part of the E-Mobility Week and it adds an important milestone, as the city gears up for India's first Formula E Grand Prix on February 11. Designed, developed, and made by Automobili Pininfarina, the Italian luxury car brand wholly owned by Mahindra & Mahindra, the Battista combines the pinnacle of legendary Italian design and unprecedented EV performance.
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